Oshi Raises $3 Million, Targets $1 Million Revenue After Quadrupling Sales

TL;DR: Oshi secured $3 million in investment from a Latin American seafood giant, propelling the company toward a $1 million revenue target after sales quadrupled twice in two years.

Context Oshi, a Nigerian‑based startup that creates whole‑cut fish alternatives using 3‑D printing of soy protein and mycoprotein, has been expanding rapidly in the United States. The firm recently introduced a vegan whitefish fillet to complement its flagship salmon product.

Key Facts - A Latin American seafood conglomerate provided $3 million in capital and scaling support, enabling Oshi to open a production facility and distribution hub in the region. - Sales grew fourfold in 2025 and are projected to increase another fourfold this year, putting revenue at the $1 million mark. - CEO and co‑founder Ofek Ron warned that the company was close to exhausting its cash runway before the strategic investor stepped in, describing the infusion as both funding and a commitment to scale. - The investment precedes a crowdfunding round on WeFunder, offering the same terms to retail investors as the seafood giant. - Oshi’s plug‑and‑play manufacturing model cuts production costs by 80%, narrowing the price gap with conventional fish and supporting distribution through over 100 restaurant menus and major grocery chains.

What It Means The $3 million injection signals growing confidence from traditional seafood players in plant‑based alternatives. By leveraging lower‑cost manufacturing and a new whitefish line, Oshi aims to broaden its market reach beyond niche restaurants to national grocery chains. The upcoming crowdfunding campaign could further diversify its capital base while testing consumer appetite for investment. Watch for the rollout of the whitefish product and the company’s performance against the $1 million revenue target in the coming quarters.